System

Meta opens Quest operating system to third-party device makers
Meta opens Quest operating system to third-party device makers
META Platforms is sharing its Quest headset’s operating system with rival device makers, including Microsoft, for the first time, it said on Monday, as it works to extend its...
Vietnam set to launch new stocks trading system in bid for market upgrade
Vietnam set to launch new stocks trading system in bid for market upgrade
VIETNAM is readying the launch next week of a new stocks trading system that would speed up settlement of transactions, as part of reforms aimed at upgrading the country’s...
China central bank keeps policy rate unchanged, drains cash from banking system
China central bank keeps policy rate unchanged, drains cash from banking system
CHINA’S central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system...
Singtel, Viettel to develop Singapore-Vietnam submarine cable system
Singtel, Viettel to develop Singapore-Vietnam submarine cable system
SINGTEL : Z74 0% and Vietnam’s largest telecommunications company Viettel signed a memorandum of understanding (MOU) to plan and develop a submarine cable system that directly connects Vietnam and...
Amazon pulls plug on cashierless system in US grocery stores
Amazon pulls plug on cashierless system in US grocery stores
AMAZON.COM is removing its cashierless Just Walk Out technology from grocery stores, a retreat from an ambitious system designed to let shoppers skip the line. Amazon will remove the system...
RBA to switch to new system for monetary policy implementation
RBA to switch to new system for monetary policy implementation
AUSTRALIA’S central bank will switch to a new system for the implementation of monetary policy as passive quantitative tightening leads to a decline in reserves in the banking system,...
MOT should clarify how changes to Singapore’s vehicle population and COE system fit into long-term vision
MOT should clarify how changes to Singapore’s vehicle population and COE system fit into long-term vision
AFTER earlier reluctance, the Ministry of Transport (MOT) is now open to reviewing two ideas with major implications for drivers: a one-off increase in the vehicle population alongside higher...
Changes to Singapore’s vehicle population and COE system: What’s the long-term vision?
Changes to Singapore’s vehicle population and COE system: What’s the long-term vision?
AFTER earlier reluctance, the Ministry of Transport (MOT) is now open to reviewing two ideas with major implications for drivers: a one-off increase in the vehicle population alongside higher...
HSBC introduces new bonus system for most junior employees
HSBC introduces new bonus system for most junior employees
HSBC Holdings is introducing a new bonus plan for most junior employees in support roles as it seeks to improve transparency on compensation.  Those staff will be given a...
Serial System expects net loss for FY2023
Serial System expects net loss for FY2023
ELECTRONIC components and consumer products distributor Serial System is expecting a net loss for the financial year ended Dec 31, 2023. Based on a preliminary review of the group’s...